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Economy, Law & Politics

Budget backs off on CCPC tax reforms

Budget backs off on CCPC tax reforms

Plan addresses concerns that sparked backlash: Board of Trade president
Federal budget awash in red ink, critics charge

Federal budget awash in red ink, critics charge

Business groups lament absence of plan to fight deficits or counter U.S. corporate tax cuts
Canada won’t get break on steel, aluminum tariffs without ‘new and fair’ NAFTA deal, Trump tweets

Canada won’t get break on steel, aluminum tariffs without ‘new and fair’ NAFTA deal, Trump tweets

Canadian imports of steel and aluminum into the United States will not be exempt from new tariffs announced by Donald Trump last week, unless a “new and fair NAFTA agreement is signed,” Trump tweeted early this morning (March 5).
B.C. retail sales strong despite December slip

B.C. retail sales strong despite December slip

Robust retail demand continued in December despite a second straight decline in sales. The dollar volume of sales in B.C. fell 0.6% to $7.2 billion (seasonally adjusted) but rose 10.6% on a same-month basis, besting all other provinces.
BCUC rejects BC Hydro one-year rate freeze

BCUC rejects BC Hydro one-year rate freeze

BC NDP promised in 2017 election campaign that rates would be frozen
Trump to slap tariffs on steel, aluminum

Trump to slap tariffs on steel, aluminum

Rio Tinto’s B.C. aluminum smelter could be biggest casualty, if tariffs apply to Canada
Foreign direct investment hits seven year low in 2017

Foreign direct investment hits seven year low in 2017

Foreign investment in Canada reached a seven-year low of $33.8 billion in 2017, according to data released by Statistics Canada. In 2017, foreign investment fell 26.1% from $45.8 billion in 2016.
Stress test takes toll on B.C.’s January home sales

Stress test takes toll on B.C.’s January home sales

expected, new stress-testing requirements for conventional mortgage loans at federally regulated lenders eroded home sales in January. While comparing favourably with the 14.5% national decline from December, B.C.’s 10.
Wrestling with the north’s rural economic development riddle

Wrestling with the north’s rural economic development riddle

One of northern B.C.’s most challenging questions is how best to support rural economic development.
Ski resort driving Valemount’s economic overhaul

Ski resort driving Valemount’s economic overhaul

Property assessments up in B.C. town that has been selected as a new resort destination